React says three new contracts demonstrate demand and opportunities

(Alliance News) - React Group PLC on Thursday announced a continued trading momentum, as it noted new contracts.

The Birmingham, England-based cleaning, hygiene and decontamination firm said it has been awarded three material contracts for over GBP1.3 million per year.

The contracts include the renewal and expansion of a facilities management soft services agreement with an NHS trust in the Midlands.

Chief Executive Officer Shaun Doak said: "We are delighted that the company has continued its trading momentum winning new customers and expanding its services with existing ones. These three material contracts have been awarded in addition to a stream of small and medium sized wins which demonstrates both the demand and the cross selling opportunities for our services and as such, underpins our confidence in financial year 2024 performance."

React shares rose 3.7% to 68.44 pence each on Thursday afternoon in London.

By Tom Budszus, Alliance News slot editor

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